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Home»TRADING NEWS»Solana price encounters significant resistance at $200, resulting in traders making 19,300% profits with INTL.
TRADING NEWS

Solana price encounters significant resistance at $200, resulting in traders making 19,300% profits with INTL.

By Crypto FlexsJanuary 12, 20253 Mins Read
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Solana price encounters significant resistance at 0, resulting in traders making 19,300% profits with INTL.
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  1. Despite SOL ETF Buzz, Solana Price Begins Deeper Correction
  2. IntelMarkets (INTL): What are the best altcoins of 2025?

The price of Solana has begun to decline in the current session and is struggling to break above the $200 mark. Solana price has been falling sharply since starting the year with a huge breakout above $220. Even the SOL ETF approval craze failed to regulate Solana price action. As SOL struggles to maintain momentum, investors rush to IntelMarkets with the platform offering a ticket to a 19,300% gain. INTL’s explosive potential makes traders excited about its future trajectory.

Despite SOL ETF Buzz, Solana Price Begins Deeper Correction

Solana’s price has plunged 15% since Monday, wiping out all the gains from the weekend rally. Solana prices are now back to where they were last Wednesday. To make matters worse, despite the hype surrounding the SOL ETF, the token closed below its 50-day exponential moving average (EMA).

And Solana prices appear to have been in the red for three days in a row. This is something we haven’t seen since late November. While experts expect Solana prices to rise following the approval of the SOL ETF, things don’t get much better when looking at SOL’s statistics.

During the recent recession, spot trading volume plummeted 28% and open interest in SOL derivatives also decreased. This decline suggests that traders are taking a more cautious approach to Solana, despite news of the SOL ETF approval.

Taken together, technical weaknesses and declining trading activity indicate growing pessimism about the network and its native token. Nonetheless, some traders believe that this decline is just a natural correction. Ultimately, Solana prices had a strong start to the year, rebounding in the first week of January and crossing the $220 level.

IntelMarkets (INTL): What are the best altcoins of 2025?

IntelMarkets (INTL) is creating a whole new niche in the cryptocurrency world. INTL is a hybrid trading platform using artificial intelligence that will transform the $36 billion global cryptocurrency trading market. IntelMarkets has one of the most promising integrations of AI with blockchain and DeFi, promising unprecedented efficiency with the potential to become the premier altcoin for the next generation of financial technology.

What’s unique about IntelMarkets is its AI trading platform where trading strategies are optimized through self-learning algorithms. This innovation provides users with another benefit. This means you can maximize your profits by leveraging real-time market data that other platforms don’t provide. Additionally, the dual-chain architecture works on both Ethereum and Solana, expanding compatibility and appeal across blockchain domains.

The price on IntelMarkets is attractive, with the token listed at $0.08 in the 9th phase of the ICO. Investors looking for low-cost entry into what could be the next big thing in cryptocurrency can get in early with this early-stage pricing.

IntelMarkets has already raised more than $6.5 million in funding and support from Fortune 500 investors, and gaining community attention is a step in the right direction. Considering its post-launch potential, IntelMarkets could take it to exciting new extremes, surpassing popular altcoins like Ripple and Cardano, with some experts praising INTL as the best altcoin of 2025.

Learn more about Intel Market:

Pre-sale: https://intelmarkets.io/

Pre-sale purchase: https://buy.intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

Investment Disclaimer

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